Albert A. Benchimol News

AXIS Chairman, Co-Founder Butt to Retire; Smith Named Chairman-Elect

AXIS Capital Holdings Ltd. announced that Michael Butt, chairman of the board of directors, will retire from the company, effective Sept. 16, 2020. A co-founder of AXIS and member of the Insurance Hall of Fame, Butt is a recognized industry …

Update: Italy’s EXOR Offers $6.4 Billion for PartnerRe in Threat to AXIS Deal

Italy’s billionaire Agnelli family, with a $6.4 billion unsolicited bid for PartnerRe Ltd., is seeking to thwart its target’s planned merger with AXIS Capital Holdings Ltd. EXOR SpA, the Turin-based investment company controlled by the family, offered $130 a share …